New York City — Newmark Retail has signed a 2,230-square-foot lease at 885 Eighth Ave. for the newest P.F. Chang’s To Go. This marks the fifth such lease in the city in the past 18 months as P.F. Chang’s expands its off-premise dining concept throughout the country. P.F Chang’s began to grow its new To Go concept in 2019, before the pandemic, and has strategically continued openings throughout 2020 and into 2021. Open P.F. Chang’s To Go locations in New York City include 240 West 40th St., 630 Third Ave., …
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Trooper, Pa. — BrandPoint Services, a leading provider of facility services to multi-site commercial clients across North America, has been included in the Inc. 5000 list of the nation’s fastest-growing private companies for the second consecutive year. This achievement comes only a couple months after it was named a Top Workplace by the Philadelphia Inquirer, in April 2021. BrandPoint ranked 2,090 out of the top 5,000 independent businesses in America over the last 12 months, with a revenue growth rate of 210%. “Building one of the fastest-growing companies in America …
Tampa, Fla. — As record high temperatures sweep the United States, HVAC systems are being pushed to their limits in more places than ever before. If you live in a part of the country accustomed to more moderate summers, scorching temperatures and the stress of heavier-than-normal use can cause cooling systems to break down. The Pacific Northwest and Mountain West have experienced unprecedented temperatures, with highs in Portland, Ore., reaching a record 116 degrees in August. Heat advisories and even excessive heat warnings are also in effect across the South …
New York City — The opening of 151 Mercer Street, in New York City’s iconic SoHo neighborhood, marks Tory Burch’s return to a downtown location. Tory Burch moved to SoHo right after college and, in 2004, opened her first boutique a few blocks away from Mercer Street. The new location also reflects an evolution of the retail concept, while honoring the brand’s design codes and history of the neighborhood. The new boutique will offer the Tory Burch collection, including Home, the new 151 Mercer handbags and a series of limited-edition …
New York City — An affiliate of Garnett Station Partners, LLC, a New York-based principal investment firm, has agreed to sell Twin Peaks, a national sports bar & grill franchise company, to FAT Brands for $300 million. Twin Peaks is based in Dallas and was founded in 2005. “Twin Peaks is a truly unique concept within the casual dining industry, with a best-in-class management team and committed franchisees, as demonstrated by its significant growth and consistently strong financial results throughout its partnership with Garnett Station,” says Matt Perelman, partner at …
Denton, Texas — Sally Beauty Holdings, Inc. has appointed Denise Paulonis as president and chief executive officer, effective October 1, 2021. She succeeds Chris Brickman who will be stepping down. Brickman will continue to serve as president and CEO of the company and as a member of the board until September 30, 2021. Thereafter, Brickman will serve in a consulting capacity through March 31, 2022, to support an orderly transition. “As the company emerges from the hard work of its transformation, both the board and Chris agree that now is …
Philadelphia — Edible®, the world’s leader in the gifts and treats category, has signed a multi-unit agreement in Philadelphia with multi-brand operators Nilita Patel, Manisha Patel and Jimmy Shah of ANZ Hospitality LLC. With 1,000-plus locations nationwide, the Patels and Shah plan to take over ownership of select existing stores, and add new locations within the Philadelphia market — seven new stores total for the team. “We are very excited to expand our ownership with Edible,” says Nilita Patel. “The brand has a constant desire to innovate, which we took …
Dallas — Dickey’s Barbecue Pit, the world’s largest barbecue franchise, is embarking on a huge development push in the Northeast. The company has signed a multi-unit area development agreement with Chaac Foods, LLC to develop 48 Dickey’s locations in 5 years. Chaac Foods is led by CEO and President Luis Ibarguengoytia, a veteran restaurant operator, who teamed with Gauge Capital to form Chaac Foods, which currently develops and operates Pizza Hut and Bojangles restaurants. “We look forward to entering the barbecue category by joining forces with the world’s fastest growing …
Tuscaloosa, Ala. — Slim Chickens, a leading fast-casual franchise in the better-chicken segment, has opened its newest restaurant at 685 Skyland Blvd. in Tuscaloosa, Ala., marking its first location in the state. Seasoned restaurant group Heart of the South is at the helm of the new location. “Opening our first location in Alabama is a huge step for Slim Chickens,” says Jackie Lobdell, vice president of franchise development at Slim Chickens. “Heart of the South has a passion for bringing good southern comfort food and great experiences to Tuscaloosa locals, …
Union, N.J. — Cindy Davis has stepped down from her positions as executive vice president, chief brand officer, and president of Decorist effective August 30, 2021. As a transition, Bed Bath & Beyond Inc. has named Rafeh Masood, executive vice president and chief digital officer, as chief digital officer & interim chief brand officer. He will lead the combined brand, marketing and digital teams effective immediately. “Rafeh’s demonstrated success and leadership in the realms of digital transformation and customer engagement make him the right person to take on these additional …